NexGen Mining Incorporated
NexGen Mining Incorporated, a junior mining company, engages in the exploration, mining, and production of precious metals. The company primarily explores for gold, silver, copper, lead, zinc, and other precious and base metals. It holds interests in the Old Dominion mine situated north of Reno, Nevada; the Koegel Hills property that consists of 10 unpatented claims encompassing 200 acres located… Read more
NexGen Mining Incorporated (NXGM) - Net Assets
Latest net assets as of March 2024: $-1.17 Million USD
Based on the latest financial reports, NexGen Mining Incorporated (NXGM) has net assets worth $-1.17 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.40K) and total liabilities ($1.19 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.17 Million |
| % of Total Assets | -5453.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | -848.16% |
| 10-Year Change | -138.18% |
| Growth Volatility | 74.77 |
NexGen Mining Incorporated - Net Assets Trend (2011–2023)
This chart illustrates how NexGen Mining Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NexGen Mining Incorporated (2011–2023)
The table below shows the annual net assets of NexGen Mining Incorporated from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.09 Million | -75.08% |
| 2022-12-31 | $-624.54K | -13064.76% |
| 2021-12-31 | $-4.74K | +82.04% |
| 2020-12-31 | $-26.41K | -118.07% |
| 2019-12-31 | $146.15K | -65.85% |
| 2018-12-31 | $428.03K | -46.89% |
| 2017-12-31 | $805.96K | +136.49% |
| 2016-12-31 | $340.80K | -63.68% |
| 2015-12-31 | $938.44K | -67.23% |
| 2014-12-31 | $2.86 Million | +39.49% |
| 2013-12-31 | $2.05 Million | -48.23% |
| 2011-12-31 | $3.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NexGen Mining Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 690968800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.77K | % |
| Other Components | $7.55 Million | % |
| Total Equity | $-1.09 Million | 100.00% |
NexGen Mining Incorporated Competitors by Market Cap
The table below lists competitors of NexGen Mining Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PhilWeb Corp
PSE:WEB
|
$1.87K |
|
LIVE MOTION GAMES ZY -10
F:4YM
|
$1.87K |
|
Tech Central Inc
PINK:TCHC
|
$1.87K |
|
ACON Holding Inc.
TWO:3710
|
$1.88K |
|
BATM ADVANCED COMM
BE:BAV
|
$1.87K |
|
Lion Rock Resources Inc.
PINK:LRRIF
|
$1.87K |
|
Grupo Nutrisa, S.A.B. de C.V.
MX:NUTRISAA
|
$1.87K |
|
SINOFERT HOLDINGS
MU:WCQ1
|
$1.86K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NexGen Mining Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -624,536 to -1,093,450, a change of -468,914.
- Net loss of 469,000 reduced equity.
- Other factors increased equity by 86.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-469.00K | -42.89% |
| Other Changes | $86.00 | +0.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NexGen Mining Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.19 | $0.00 | x |
| 2014-12-31 | $0.15 | $0.00 | x |
| 2015-12-31 | $0.03 | $0.00 | x |
| 2016-12-31 | $0.01 | $0.00 | x |
| 2017-12-31 | $0.03 | $0.00 | x |
| 2018-12-31 | $0.01 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
| 2023-12-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NexGen Mining Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-69.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -11.15% | 0.00% | 0.00x | 1.18x | $-838.92K |
| 2013 | -41.64% | 0.00% | 0.00x | 1.33x | $-1.06 Million |
| 2014 | -27.27% | 0.00% | 0.00x | 1.18x | $-1.07 Million |
| 2015 | -355.38% | 0.00% | 0.00x | 2.16x | $-3.43 Million |
| 2016 | -175.47% | 0.00% | 0.00x | 6.29x | $-632.08K |
| 2017 | 57.71% | 0.00% | 0.00x | 2.81x | $384.56K |
| 2018 | -88.31% | 0.00% | 0.00x | 1.61x | $-420.80K |
| 2019 | -192.95% | 0.00% | 0.00x | 2.11x | $-296.62K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-340.36K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-377.53K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-567.55K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-359.65K |
Industry Comparison
This section compares NexGen Mining Incorporated's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NexGen Mining Incorporated (NXGM) | $-1.17 Million | -11.15% | N/A | $1.87K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |